Outsurance announces special dividend of 30.3c/share

OUTsurance Group Limited has declared a special cash dividend of 33.1 cents per ordinary share, payable out of income reserves, for the year ended 30 June 2025. The dividend, announced on 15 September 2025, will be subject to a 20% Dividend Withholding Tax, resulting in a net payment of 26.48 cents per share for non-exempt shareholders according to the announcement.

The ex-dividend date for the dividend is set for 15 October 2025, meaning shares will trade without the dividend from this date onward. The record date for eligibility is 17 October 2025, with payments scheduled for 20 October 2025 as detailed in the announcement. Investors must retain their shares until 14 October 2025 to qualify for the dividend, as this is the last day to trade while maintaining participation rights.

Additional administrative restrictions include a prohibition on dematerialisation or rematerialisation of share certificates between 15 October 2025 and 17 October 2025 as specified in the announcement. The finalisation date for the dividend is 7 October 2025, marking the deadline for processing related transactions.

The declaration aligns with OUTsurance's results announcement for the fiscal year, reflecting the company's financial performance and capital return strategy according to the company's results announcement. Shareholders are advised to review tax implications and procedural requirements to ensure compliance with the outlined dates.